Meanwhile the Market Vectors Gold Miners ETF (NYSE: GDX) plunged 4.9%. GDX has been one of the worst performing ETFs so far this year, plunging 45.2% year-to-date. [Silver Miners Slammed on Fresnillo Dividend Cut]
SPDR Gold Shares
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Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.